FAQs
FAQs
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CHRISTMAS HOLIDAY - IMPORTANT MESSAGE
Due to the Christmas Day Holiday, the Fund will be closed on Monday, December 26, 2022.
Important Announcements from WGIF
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There are two options for electronic funds transfer available to WGIF Participants:
Same Day Wire Transfer – Funds can be transferred by wire to or from a WGIF account. For incoming transfers, you must instruct your financial institution to send the funds to WGIF. For outgoing transfers, the WGIF Client Services Team will initiate the transfer. In either case, WGIF must be notified by 11:00 a.m. Mountain Time in order for the funds to transfer/credit the same day. WGIF has no service charge or fee for this service.
Next Day Transfer – Next Day Transfer utilizes the Federal Reserve’s Automated Clearing House (ACH) system. Funds are transferred overnight and are available in the designated account the next business day. Requests to transfer funds must be received by WGIF via phone, fax, or online account access by 2:00 p.m. Mountain Time. The Next Day Transfer Form must be completed in advance and takes approximately ten (10) business days to process.
A: In order to qualify for exemption from rebate under the 6-month spending exception, all gross proceeds and investment earnings thereon must be spent within 6 months of the issue date.
The 18-month exception requires that all proceeds and investment earnings thereon be spent as follows:
- 15% within 6 months of the issue date
- 60% within 12 months of the issue date
- 100% (less "reasonable retainage") within 18 months of the issue date
The 24-month exception applies only to construction issues, and requires that all available construction proceeds be spent as follows:
- 10% within 6 months of issue date
- 45% within 12 months of issue date
- 75% within 18 months of issue date
- 100% (less "reasonable retainage") within 24 months of issue date
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This information is for institutional investor use only and not for further distribution to retail investors and does not represent an offer to sell or a solicitation of an offer to buy or sell any fund or other security. Investors should consider the Wyoming Government Investment Fund’s (“WGIF”) investment objectives, risks, charges and expenses before investing in the WGIF. This and other information about WGIF is available in the WGIF’s current Information Statement, which should be read carefully before investing. A copy of the WGIF’s current Information Statement may be obtained by calling 1-866-249-9443; and is available on the WGIF website (www.wgif.org). While the WGIF Liquid Asset Series seeks to maintain a stable net asset value of $1.00 per share and each WGIF Fixed Term Series seeks to achieve a net asset value of $1.00 per share at its stated maturity, it is possible to lose money investing in WGIF. An investment in WGIF is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Shares of WGIF are distributed by PFM Fund Distributors, Inc., member Financial Industry Regulatory Authority (FINRA) (www.finra.org) and member Securities Investor Protection Corporation (SIPC) (www.sipc.org). PFM Fund Distributors, Inc. is an affiliate of PFM Asset Management LLC.
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